anyone record Bob Posani of CNBC talk on regional bank today

H

Happy Hopping

He list 5 regional bank w/ dividend yield at 7.9 to 8%, I only wrote down the top 2: Truist and KEycorp. But there are 3 more, and I didn't write it down fast enough

then I do the search at CNBC.com and at google, all I got is old news. anyone?
 
There are 4 liquid banks with div > 7.5% and a few illiquid ones.

TFC 7.53%
FIBK 7.66%
KEY 7.85%
NWBI 7.85%

There are 4-5 more with dividend yield > 8% but don't trade much or are microcaps (see pdf).

All the regionals are on the KRE ETF so you can just check the individual constituents.
 

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thank you for the PDF.

I don't run a bank, but I never heard of a co. laid off a lot of employee, cut spending, etc., so that bank can give you 8% yield. Why would anyone do that? Is that normal practice to begin with?
 
Happy Hopping said:
thank you for the PDF.

I don't run a bank, but I never heard of a co. laid off a lot of employee, cut spending, etc., so that bank can give you 8% yield. Why would anyone do that? Is that normal practice to begin with?
More...

There is nothing abnormal.

company laying off employees because a company is not competitive and has to cut cost

high yield will attract some type of customers.
To attract even more (some type of ) customers, increase the yield even higher.
To repel customers, lower the yield.



A solid bank has a good reputation.
So it doesn't have to increase the yield.

So are you going to press
BUY or SELL button first?
If you press the wrong button, your life savings might vaporize into thin air.
 
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